No oil deal—but Dow futures, crude cut losses

IN THE NEWS TODAY

U.S. stock futures trimmed losses this morning, after Sunday's meeting in Doha of major oil-producing countries failed to result in an output halt. The Dow, S&P 500, and Nasdaq turned in their worst weeks since February. (CNBC)

Oil prices pared some of their over 5 percent declines seen in early Monday trading, after that freeze deal evaporated. In the lead-up to the meeting, U.S. crude was up nearly 8 percent last week. (CNBC)

Preventing an even worse crude drop, Kuwait was forced to dramatically cut oil production, as part of an emergency plan to help the OPEC member deal with the largest petroleum worker strike in years. (Reuters)

Brazilian President Dilma Rousseff lost a crucial impeachment vote in the lower house of Congress, and appeared almost certain to be forced from office in a move that would end 13 years of leftist Workers Party rule. (Reuters)

The death toll from Ecuador's biggest earthquake in decades soared to at least 246, as rescuers using tractors and bare hands hunted desperately for survivors in shattered coastal towns. The 7.8 magnitude quake struck off the Pacific coast on Saturday. (CNBC)

Toyota (TM) was among the Japanese manufacturers under pressure today, following the series of deadly earthquakes in southern Japan. The automaker is planning to suspend much of its production across the country while the damage is assessed. (AP)

Bernie Sanders, who trails Hillary Clinton ahead of Tuesday's New York Democratic presidential primary, is expecting another big turnout in Long Island City today, after record crowds gathered in Brooklyn on Sunday. (NBC News)

Donald Trump holds a wide lead in the polls ahead of Tuesday's Republican presidential primary. He brought his campaign to Staten Island on Sunday for the borough's Lincoln Day Brunch fundraiser. (Observer)

Millions of taxpayers face a midnight deadline to file their tax returns. The traditional April 15 deadline, which was Friday, was extended to Monday for most Americans. (AP)

Disney's (DIS) "The Jungle Book" dominated the North American weekend box office, grossing a massive $103.6 million. That pull ranks as the second best ever April opening. (Variety)

BY THE NUMBERS

On today's economic calendar, the National Association of Home Builders releases its monthly sentiment index for April at 10 a.m. ET.

New York Fed President Bill Dudley, Minneapolis Fed President Neel Kashkari, and Boston Fed President Eric Rosengren all give speeches today.

It's also expected to be a rather busy earnings day after this afternoon's closing bell, with IBM (IBM) and Netflix (NFLX) out.

STOCKS TO WATCH

McGraw Hill Financial (MHFI) has agreed to sell car rating business J.D. Power to China-based buyout firm XIO Group for $1.1 billion. Standard and Poor's and S&P Dow Jones Indices are among McGraw Hill's brands.

Alphabet's (GOOGL) Google unit is once again the focus of European Union antitrust regulators. They're focusing on the tech giant's deals with phone makers and operators involving its Android operating system.

San Francisco-based Medivation (MDVN) may receive a takeover bid from British drugmaker AstraZeneca (AZN), according to London's Sunday Times. But AstraZeneca has yet to make a formal bid.

United Continental (UAL) baggage handlers and gate agents approved new five-year labor deals which raise wages about 30 percent over the period as well as $100 million in lump sum payments.

General Motors (GM) and Ford (F) shares could jump 25 percent in the next year, according this weekend's Barron's. The publication said auto sales are likely to come in stronger than many investors think.

WATERCOOLER

Some of the Boston Marathon's most inspiring runners today won't necessarily be standing on the podium. Adrianne Haslet, who lost her leg below the knee in the 2013 bombings, runs her first marathon. (Boston.com)